By PUMA Pundit on May 20, 2009
Something is terribly wrong with a dynamic where people who are successful are being rewarded with government mandated failure, and people who are failures are being rewarded with government mandated success. We saw this coming before Obama was elected, and now it is coming to pass. It is a shame that in the United States [...]
Posted in Economy | Tagged barack obama, chrysler, Melbourne Florida, robert mugabe, sunshine dodge-isuzu, zimbabwe
By PUMA Pundit on March 30, 2009
Not sure what other signs we need that Obama is pursuing a national-socialist economy, but his latest hare-brained scheme is to get the US Government in the auto-warranty business… I guess Barack Obama can add another title to his portfolio, Car Czar ABC One, the president will announce a new government-backed warranty program for all [...]
Posted in Economy | Tagged auto warranty, bailout, barack obama, car czar, chrysler, gm |
By PUMA Pundit on March 26, 2009
Interesting. At least the Post Office understands that it’s labor agreements are part of the reason it is in this predicament. AP The post office will run out of money this year unless it gets help, Postmaster General John Potter told Congress on Wednesday as he sought permission to cut delivery to five days a week. [...]
Posted in Economy | Tagged congress, john potter, postmaster general, united states postal service, usps
By PUMA Pundit on March 17, 2009
The great economic genius of our time, President Comrade Barack Obama had told us that if his $787 Billion Stimulus bill was passed, Caterpillar would hire back some of the 22,00 people it laid off… MSNBC President Barack Obama says Caterpillar’s chief executive has told him the company will rehire some laid-off workers if the [...]
Posted in Economy | Tagged barack obama, caterpillar, East Peoria, Economy, illinois, layoffs, stimulus bill |
By PUMA Pundit on March 11, 2009
The Barack Obama administration is becoming more and more like the government of the defunct Soviet Union. It shamelessly lies to the American public about things that are so blatantly obvious that the lies don’t merely seem pathetic, they seem downright bizarre. A good example is its’ stance on Nationalization and Socialism. We keep on [...]
Posted in Economy | Tagged Add new tag, banks, fannie mae, financial institutions, freddie mac, free enterprise system, goldman sachs, iberiabank, johnson bank, nationalization, socialism, tcf financial, Troubled Assets Relief Program, u.s. bank, wall street, wells fargo |